Ghana Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 100,456 | 88,115 | 12,341 | 2.1 | — |
| 2020 | 145,867 | 145,285 | 582 | 1.3 | — |
| 2021 | 350,574 | 284,741 | 65,833 | 3.4 | 0% |
| 2022 | 626,806 | 689,506 | −62,700 | 0.3 | 0% |
| 2023 | 592,393 | 544,371 | 48,022 | 1.5 | 3% |
In its most recent public year (2023), this organization brought in $48,022 more than it spent. Its reserves stood at about 1.5 months of spending. Staff pay was 3% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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